Not to mention, American politicians stand to gain A TON from a war with North Korea. The very MOMENT North Korea provokes a war-like aggression, we no longer have a national debt crisis. China has been "buying" the US debt for decades. China is N. Korea's ally. We will not pay our enemy to attack us, so in that instant the world forgives our debt to China. Just. Like. That.

And this is how it was sourced:

Quote:

China gains to lose a LOT in the war. Not only the debt they bought from the US, but they fear instability in the Korean Penninsula would create chaos in their own country as refugees flooded in.

To summarize WHY China "buys our debt" is this: China is able to devalue their currency by buying our debt, which allows them to sell to us very low. In turn, they keep the currency within their own country stable, which allows for internal prosperity and economic growth.

If China was to maintain their alliance with North Korea in a time of war, we'd be able to default on our loans. There is no way whatsoever that we would PAY another country to PAY their troops to come KILL our soldiers. Therefore, we could not pay China. All the bonds they bought would become useless. Not to mention, we are their biggest customer. They could not finance a war without us buying their exports.

(The question this leaves is how costly would this war be to us? Wouldn't we just run up the tab on the global market again?)

Also look into "The Great Illusion" and "The Money Game" by Norman Angell.

Not to mention, American politicians stand to gain A TON from a war with North Korea. The very MOMENT North Korea provokes a war-like aggression, we no longer have a national debt crisis. China has been "buying" the US debt for decades. China is N. Korea's ally. We will not pay our enemy to attack us, so in that instant the world forgives our debt to China. Just. Like. That.

And this is how it was sourced:

Quote:

China gains to lose a LOT in the war. Not only the debt they bought from the US, but they fear instability in the Korean Penninsula would create chaos in their own country as refugees flooded in.

To summarize WHY China "buys our debt" is this: China is able to devalue their currency by buying our debt, which allows them to sell to us very low. In turn, they keep the currency within their own country stable, which allows for internal prosperity and economic growth.

If China was to maintain their alliance with North Korea in a time of war, we'd be able to default on our loans. There is no way whatsoever that we would PAY another country to PAY their troops to come KILL our soldiers. Therefore, we could not pay China. All the bonds they bought would become useless. Not to mention, we are their biggest customer. They could not finance a war without us buying their exports.

(The question this leaves is how costly would this war be to us? Wouldn't we just run up the tab on the global market again?)

Also look into "The Great Illusion" and "The Money Game" by Norman Angell.

Not to mention, American politicians stand to gain A TON from a war with North Korea. The very MOMENT North Korea provokes a war-like aggression, we no longer have a national debt crisis. China has been "buying" the US debt for decades. China is N. Korea's ally. We will not pay our enemy to attack us, so in that instant the world forgives our debt to China. Just. Like. That.

And this is how it was sourced:

Quote:

China gains to lose a LOT in the war. Not only the debt they bought from the US, but they fear instability in the Korean Penninsula would create chaos in their own country as refugees flooded in.

To summarize WHY China "buys our debt" is this: China is able to devalue their currency by buying our debt, which allows them to sell to us very low. In turn, they keep the currency within their own country stable, which allows for internal prosperity and economic growth.

If China was to maintain their alliance with North Korea in a time of war, we'd be able to default on our loans. There is no way whatsoever that we would PAY another country to PAY their troops to come KILL our soldiers. Therefore, we could not pay China. All the bonds they bought would become useless. Not to mention, we are their biggest customer. They could not finance a war without us buying their exports.

(The question this leaves is how costly would this war be to us? Wouldn't we just run up the tab on the global market again?)

Also look into "The Great Illusion" and "The Money Game" by Norman Angell.

Not to mention, American politicians stand to gain A TON from a war with North Korea. The very MOMENT North Korea provokes a war-like aggression, we no longer have a national debt crisis. China has been "buying" the US debt for decades. China is N. Korea's ally. We will not pay our enemy to attack us, so in that instant the world forgives our debt to China. Just. Like. That.

And this is how it was sourced:

Quote:

China gains to lose a LOT in the war. Not only the debt they bought from the US, but they fear instability in the Korean Penninsula would create chaos in their own country as refugees flooded in.

To summarize WHY China "buys our debt" is this: China is able to devalue their currency by buying our debt, which allows them to sell to us very low. In turn, they keep the currency within their own country stable, which allows for internal prosperity and economic growth.

If China was to maintain their alliance with North Korea in a time of war, we'd be able to default on our loans. There is no way whatsoever that we would PAY another country to PAY their troops to come KILL our soldiers. Therefore, we could not pay China. All the bonds they bought would become useless. Not to mention, we are their biggest customer. They could not finance a war without us buying their exports.

(The question this leaves is how costly would this war be to us? Wouldn't we just run up the tab on the global market again?)

Also look into "The Great Illusion" and "The Money Game" by Norman Angell.

I never heard that, but I'm more afraid that a backward little buffoon Kim jung Un over there in Korea would get support from China.

China in some way has a lot of political pull in this country. Like, anything bad anyone says about China is often censored. Plus they exported dog food with rat poison in it to us, and toys with lead in the paint, and when a legislator got mad at them, our ambassador just apologized to the Chinese. Apologized after they did to us what wreaks of aggressive intentional behavior. Also, twice the Chinese said US citizens should not own guns. What, so if they decide to invade, they don't have to worry about Mr. Suburbia and his Iraq War veteran friends from blowing their troops away, guerilla style like we did against the Red Coats?

I wouldn't be surprised if China was going to use N. korea to get at us, and to get at japan too.